Land, Lagonda Road, Billingham, Cleveland, TS23 4JG

Lot Image

Auction sale - Monday 11th December 2017

Result:

Sold for £50,000

Upon the instructions of


  • Freehold
  • Development land
  • Approximately 1.43 acres (0.58 hectares)
  • Established industrial estate
  • Long road frontage
  • Vacant possession

Addendum

Land at Lagonda Road, Billingham
We have included official copies of the council's title to the roads of the estate (CE182291) and a highways search result. It should be noted from these documents that the council have retained an unadopted strip between the Property and the adopted highway. The addition of vehicular access to the Property as part of any future development will require you to engage with the council and agree highway works over this unadopted strip.

Details

Location

Billingham lies on the north bank of the River Tees 10 miles from Teesport, two miles from the A19 and 7 miles to the north of Middlesbrough.
Teeside is home to the largest integrated chemical complex in the UK, the second largest in Western Europe whilst Teesport is one of Europe's top 10 for tonnage, and is a world leading centre for petro chemicals, bio resources and advanced manufacturing. The Cowpen Land Industrial Estate lies upon the edge of the town, between Cowpen Lane and Cowpen Bewley Road. There is easy access onto the A19.

Description

The property comprises a grassed and level site fronting Lagonda Road, in the middle of the estate. The property extends to approx 1.43 acres (0.58 hectares) with long frontage to Lagonda Road.

Tenure

Freehold

VAT

Refer to the legal documentation

Energy Performance Certificate

No EPC required

Address Acres Hectares
Land at Lagonda Road 1.43 0.58

Contact

Seller's solicitor

Trowers & Hamlins LLP

Billy Poulter

0161 838 2015

bpoulter@trowers.com

* Guide price

An indication of the seller’s current minimum acceptable price at auction. The guide price or range of guide prices is given to assist consumers in deciding whether or not to pursue a purchase. It is usual, but not always the case, that a provisional reserve range is agreed between the seller and the auctioneer at the start of marketing. As the reserve is not fixed at this stage and can be adjusted by the seller at any time up to the day of the auction in the light of interest shown during the marketing period, a guide price is issued. This guide price can be shown in the form of a minimum and maximum price range within which an acceptable sale price (reserve) would fall, or as a single price figure within 10% of which the minimum acceptable price (reserve) would fall. A guide price is different to a reserve price (see separate definition). Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

* Reserve price

The seller’s minimum acceptable price at auction and the figure below which the auctioneer cannot sell. The reserve price is not disclosed and remains confidential between the seller and the auctioneer. Both the guide price and the reserve price can be subject to change up to and including the day of the auction.

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